FMP
Sep 20, 2021 5:00 PM - Davit Kirakosyan
Analysts at Deutsche Bank upgraded Colgate-Palmolive Company (NYSE:CL) to buy from hold and increased their price target to $86 from $84. The brokerage mentioned two reasons for the upgrade:
(1) Significant steps taken in rebuilding the company’s corporate culture during the last three years, and added attention placed on e-commerce, digital marketing, data management, and business process automation capabilities.
(2) Recent stock performance appears too severe compared to the company’s peers. While cost/supply pressures facing the company today are real, the brokerage views them as consistent with challenges facing other companies, expecting the company to overcome them over time by way of net price realization, RGM, and productivity initiatives.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...